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GHM Company Profile

Graham Corp- (GHM)-engages in the design, manufacture, and sale of vacuum and heat transfer equipment used in the chemical, petrochemical, petroleum refining, and power generating industries worldwide. The company was founded in 1936 and is headquartered in Batavia, New York.

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Graham Corp News

In January, dozens of companies made changes to their dividend payouts. Below are the 10 largest dividend increases for March. For more information on dividend increases, cuts and initiations, check out our Dividend Payout Changes page.

We are removing two recent high-flyers from our "Recommended" list, as current price action is beginning to indicate some potential warning signs...

Graham Corp Can "Refine" Your Portfolio (GHM)

Jul 15, 2008

Graham Corp (GHM) , supplier of gear for building or upgrading oil refineries, has seen shares rocket up over 250% in the last year. The company can credit rising demand, which is making refiners scramble to process more sour crude.
Graham controls about 3/4 of the market share in the U.S. with its oil-refining products. The company's products lines include ejector systems, vacuum and heat exchanges which are used to separate crude oil into various grades of fuel and other petroleum-based products. Some of Graham Corp's main clients are engineering companies like Fluor (FLR) and Jacobs Engineering (JEC) , whose stocks are also flourishing.
Investors may want to be careful and not chase shares of Graham right now. We like the stock, but we think the smarter play is to wait for a pullback before committing capital. The dividend yield of .14% (based on last night's closing price of $88.05) is hardly enough to cushion any steep drop.
Graham Corp (GHM) is a “Recommended” dividend stock, currently holding a Dividend.com rating of 3.8 out of 5 stars.Be sure to visit our complete recommended list of the Best Dividend Stocks as well as a detailed explanation of our ratings system here.

** Under no circumstances does the information on this website represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the 'publisher's exclusion' from the definition of 'investment adviser' as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.

*** All dividend payout and date information on this website is for information purposes only. We do not guarantee the accuracy of any dividend dates or payout amounts. Always check with your broker first before purchasing any security.